Why earn an mba

Now, of course. Seriously, with the next 30 minutes of your life you could complete most of our free, online application. You might be surprised how one degree mixes value with versatility. Do MBA accreditation types matter? What are requirements for an MBA program?

What is the cost of an MBA program? When is the right time to earn your MBA? If you're interested in earning your MBA but still remain unsure about the commitment, take a look at some of the common questions we hear from prospective students around topics like: What is the value of an MBA? Employers typically look to hire or promote a candidate with an MBA because they have skills in marketing and finance that others within the organization may lack.

This allows them to hit the ground running with various initiatives and help their company increase profits. Earning an MBA requires juggling extracurriculars alongside a challenging course load — not to mention other personal and professional pursuits.

Getting an MBA can help you manage your time effectively, which is not only an in-demand skill among employers, but a valuable life skill, as well. Here are some of the most common questions students have when considering an MBA. An MBA can enhance your marketability as a professional and increase the quality and quantity of job opportunities.

An MBA also helps you build business leadership skills, as well as a professional network. Wharton graduates are part of an extensive alumni community — over 99, strong in countries.

Learn more about the value of a Wharton MBA. One of the benefits of getting an MBA is an increase in earning potential. Why get a Wharton MBA? Professionals who graduate with an MBA will learn business fundamentals such as leadership, communication, and critical thinking and analytical skills. Veterans and current members of the military may also be eligible for additional awards benefits to offset the cost of tuition.

Similarly, exceptional students may also qualify to be part of the Wharton Fellowship Program. Learn more about tuition and financial aid at the Wharton School. The Wharton MBA application process takes place at three different times during the year, making it convenient for students to apply to the program. Curiosity has its own reason for existing. The strategic thinking skills you learn while earning your MBA are not only applicable in the business world but across various areas of your life such as your personal goals and finances.

MBA graduates often find themselves communicating better at work with colleagues, bosses, or employees. But these communication skills can also apply at home with your significant other, kids, parents, or siblings, as well as in social situations such as networking events or company functions.

Being a better communicator is essential in everyday life, no matter where or when you communicate your needs and ideas for solutions. To earn your MBA degree, you have to attend classes and study sessions, complete assignments on time, and push yourself to work through rigorous, complex coursework. Possibly, you have to do this while you continue to work.

All of this takes a level of self-discipline that you may not take to naturally, but can cultivate with time and effort while working through the MBA program. A side effect of better self-discipline is the ability to better manage time. It could also mean being more efficient during work hours to get more done in less time or with less effort.

While earning your MBA, you address big business issues and real-world business challenges which hones your ability to look beyond your role and see how organizations operate as a whole. This also increases your exposure to diverse perspectives on global, social, and business issues as you collaborate with students whose backgrounds, experiences, and career goals differ from yours.

While earning your MBA, you come into contact with faculty and fellow students and alumni of the program who begin to form—or add to your existing—network of colleagues. These include people both within your industry and outside of it, and are often spread out across the world, which can translate to promising opportunities in the future.

Many companies now require or prefer candidates with an MBA for a number of roles. Earning this degree significantly expands the number of potential job opportunities for which you qualify. Sometimes you can get stuck in a rut career-wise. Earning an MBA degree can pull you out of a funk, re-energize past career goals, or help you uncover new ones as you work through the program. The financial benefits are generally why many people enter MBA programs, but since higher income and signing bonuses are definitely some of the most significant benefits of earning your MBA, we thought it should be included in this list!

A sharpened financial acumen is another draw for many MBA applicants, as they can apply these skills to their own personal finances and investments in addition to any business pursuits. Through their coursework, students become better at assessing risk, understanding how inflation and interest rates work, and responding to economic changes and market fluctuations.